These Seattle Condo Sales 98109 Zip Code statistics are updated monthly. Inventory is the number of active (“For Sale”) properties. When the number of active properties is higher than the number of closed sales buyers have the upper hand. When there is more supply than demand, prices tend to fall.

Conversely, when there are only a few active listings because a large number of condos have sold, the seller has the advantage. When demand outstrips supply, prices usually rise.

Another indicator of a sellers’ market are the days of supply of properties. That is the time it would take to deplete the supply if no new condos were coming on the market (no new condos listed for sale).

The three-year graphs below for the Seattle condo sales 98109 Zip Code (Lake Union) keeps you informed about the Seattle market trend. Come back monthly for all the current Seattle area market trends.

This information is updated monthly. Scroll down for links to other zip codes.

Seattle Condo Sales 98109 Zip Code

Three-Year Inventory and Sales – condos

Trace along the top of the bars to see the number of the currently active listings (yellow) and closed sales (blue) and the year-over-year change.

To see the data, trace and touch any bar. Click on the legend to hide a set of bars.

Seattle Condo Sales 98109 Zip Code

Average Days-On-Market* – condos

*From listing date to pending sale (contract)

Trace along the graph to see the number of days condos are on the market and the comparison to the prior year.

Seattle Condo Sales 98109 Zip Code

Average Sold Price – condos

Trace along the graph to see the average price and the comparison to the prior year.

The condo owners who entrust Gerhard with their listings know from experience that his “Three P” method works. The usual results are listings that get the attention of potential buyers, get offers and sell quickly at or above list price.